Interpreted Prediction
Predicted S&P 500 would reach around 5000 as a blow-off top before a deflationary bust in Q1 or Q2 of 2024.
AI Evaluation Notes
The S&P 500 did reach and exceed the predicted 5000 level in Q1 and Q2 of 2024, closing at 5,460.48 by June 28, 2024. However, the prediction of a 'blow-off top' followed by a 'deflationary bust' was incorrect. The U.S. economy and S&P 500 showed strong growth and record earnings during this period, with no signs of deflation or a bust.
Prediction Details
Ticker
Predicted
date
2024-03-08